Casey & Kingston Auctioneers


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For Sale

For Sale

Guide Price: 675,000

18 Georges Quay, Cork City Centre, T12YRT9


Mixed Use Investment property with rent roll of '¬65,000 per annum. The property extend to 3,182 Sq.Ft and the is overall good condition.

Located on George's Quay, the property is approx. 450m from St. Patrick's Street and approx. 400m from Oliver Plunkett Street. The premises is located within the heart of one of Cork Cities business hubs. Occupiers in the immediate vicinity include Martin A. Harvey Solicitors, Bank of Ireland, Spar, Cafe Velo etc

The subject property comprises 4 storey midterrace property, The property is divided between a ground floor commercial unit let to "The Ink Shop" and 4 studio apartments over head, The residential units are fully let out. The apartments and commercial unit are in good condition. Floor plans and rent roll breakdown available upon request.


Features:
.4 storey mixed used investment building. The property has 4 overhead residential apartments and a ground floor commercial unit.
The property is located along Georges Quay in the centre of Cork City.
The property has an annual rental income of '¬65,000 which equates to a yield of 9.6%.

Accommodation

Floor Sq.Ft Sq.M
Ground Floor 608 56.5
First Floor 508 47.2
Second Floor 727 67.5
Third Floor 700 65
Fourth Floor 639 59.4
Total 3,182 295.6

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